The American Independent: 91 Major US Companies Paid Zero Federal Taxes Last Year Thanks to the GOP Tax Law
media mentionA total of 91 of the largest companies in the United States paid zero dollars in federal income taxes in 2018 under the tax law passed by Donald Trump and his Republican allies in Congress.
A new analysis released by the Institute on Taxation and Economic Policy (ITEP) on Monday found that Fortune 500 companies were able to avoid at least $73.9 billion in taxes under the first year of the Tax Cuts and Jobs Act.